- This topic has 1 reply, 2 voices, and was last updated 13 years ago by .
Viewing 2 posts - 1 through 2 (of 2 total)
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.
Interactive BPP books for June 2026 exams, recommended by OpenTuition.
Get discount code >>
Forums › ACCA Forums › ACCA TX Taxation Forums › Opentuition question 19 Renner
Why the basic tax band is not extended with the gross ammount of the personal pension contribution?
Irina,
You only extend the basic rate tax band when there is a PERSONAL pension contribution. In this instance it is an OCCUPATIONAL pension contribution, for that you deduct the amount from employment income in the Income Tax computation, that is how relief is obtained.
